What Are the Benefits of Having My Property Appraised, Even If I’m Not Ready to Sell?

July 19, 2019 2:01 am Published by Leave your thoughts

It’s beneficial to know the value of your property when you’re about to put it on the market. It gives you a realistic idea of what you can ask for it, and gives you better insight into what to list it for. However, even if you’re not getting ready to sell, it can still be beneficial to have your property evaluated by a professional appraiser and know its true value. If you’re interested in real estate appraisals in Napa County, CA, read on to learn more about the benefits of getting an appraisal long before you decide to sell:

  • Know the value: Not only will you know the value of your home, but you’ll also know the value of the land and anything else on the property. This can be beneficial when estimating the value of your assets.
  • A second opinion: You may think you know the value of your property, but you may not realize that property values in your area have changed. They could have gone up or down, and there may be other aspects of your property that have changed its value that you’re not aware of.
  • Get notified of flaws: A detailed real estate appraisal in Napa County, CA will also reveal any flaws in your property, including flaws in the foundation or other structural issues. There may be other aspects of your property that decrease its value that would be helpful to know about, such as poor access to the property.
  • Get information about the market: You won’t just get information about your own property during an appraisal—the report will also give you information about the market in your area. The market may have changed since you purchased the property, so it would be beneficial to have an updated idea about your market as a whole.
  • Comparisons: Included in your real estate appraisal in Napa County, CA will be a comparison with three similar properties. This could be beneficial because it would show you your competition if and when you do decide to sell your property, and identify what you may need to add or change about your property to make it more marketable.
  • Time to market: Price is not the only concern if you’re thinking about selling. The time it will take to sell is also a factor. An appraisal will reveal an estimate of the average market time for the property so you can have an accurate timeline in mind.
  • Neighborhood: Finally, a real estate appraisal in Napa County, CA will include a description of the surrounding neighborhood, which could be beneficial for your own purposes in addition to being helpful to potential buyers. Whether it’s considered a development, standalone acreage or something else is important information.

County Appraisals Inc. has been a premier source for appraisals and valuations of properties in Napa County, CA since 2008. We specialize in agricultural-related properties, such as vineyards, wineries, rural estates and residential homes. Call us today to find out how we can help you.

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